Residential

New Owners Plan Hotel-Condo Conversion Of 12-Story Hotel Chelsea At 222 West 23rd Street, Chelsea

7:00 am on November 1, 2016 By Reid Wilson

SIR Chelsea LLC, a joint venture of hoteliers Richard Born, Ira Drukier, and Sean MacPherson, has closed for $250 million on the purchase of the 12-story, 58-unit mixed-use building known as Hotel Chelsea, at 222 West 23rd Street, in Chelsea. The new owners plan to redevelop the property into a boutique hotel and condominium units, The Real Deal reported. BD Hotels will serve as the developer and hotel manager. Completion is expected by 2018. The property is an individual landmark and has gone through years of redevelopment attempts.

Excavation Work Underway For 12-Story, 110-Unit Mixed-Use Project At 79 Avenue D, East Village

6:30 am on November 1, 2016 By Reid Wilson

Excavation work is underway on the site of a planned 12-story, 110-unit mixed-use building at 79 Avenue D, in the Alphabet City section of the East Village. The developer, L+M Development Partners, has also secured $52.8 million in construction financing. The latest building permits indicate the project will encompass 114,422 square feet and rise 120 feet above street level, not including the bulkhead.

Four-Story, Two-Unit Townhouse Planned At 165 East 107th Street, East Harlem

6:00 am on November 1, 2016 By Reid Wilson

Great Neck, N.Y.-based Kalico Group has filed applications for a four-story, two-unit residential building at 165 East 107th Street, in East Harlem. The townhouse will measure 5,656 square feet and rise on a vacant 17-foot-wide, 1,716-square-foot lot. One of the units will be located on the ground floor and the other unit will span the second, third, and fourth floors. There will also be a roof deck. Sion Hourizadeh’s Floral Park, N.Y.-based Sion Consulting Engineering is the applicant of record. The site has long been vacant, but it’s very likely it was once occupied by a four-story brownstone.

Rendering of the planned 23-story tower at 181 Mercer Street

NYU Plans 23-Story Building to Replace Coles Sports Center, 181 Mercer Street

3:00 pm on October 31, 2016 By Rebecca Baird-Remba

A year ago, New York University shut down the Coles Sports Center, the aging, two-story gym at the corner of Bleecker and Mercer Streets in the Village. Now the school has filed plans for its replacement, a 23-story, mixed-use tower with classrooms, dorms, new athletic facilities, and community space at 181 Mercer Street.

Construction Wraps On Six-Story, 10-Unit Residential Project At 313 West 117th Street, Harlem

12:00 pm on October 31, 2016 By Reid Wilson

Construction is wrapping up on the six-story, 10-unit residential project under development at 313 West 117th Street, in Harlem. The structure can be seen in an update by Harlem+Bespoke. The latest building permits indicate the new building measures 11,910 square feet and rises 75 feet. The residential units should average 985 square feet apiece, which means either rentals or condominiums could be in the works. Walter Marin’s Midtown South-based Marin Architects is the architect of record and an anonymous Woodside-based company is the property owner. Occupancy can likely be expected in the coming weeks or months.

19-Story, 72-Unit Mixed-Use Building Rises To Fifth Floor At 2230 Broadway, Upper West Side

10:00 am on October 31, 2016 By Reid Wilson

Construction is now five stories above street level on the 19-story, 72-unit mixed-use building under development at 2230 Broadway, located on the corner of West 80th Street, on the Upper West Side. Photos of the structure have been posted to the YIMBY Forums. The latest building permits indicate the project will encompass 123,456 square feet and rise 205 feet above street level, not including the bulkhead.

Revealed: Four-Story, Four-Unit Condominium Project At 258 A 18th Street, South Slope

8:00 am on October 31, 2016 By Reid Wilson

A rendering has been revealed of the four-story, four-unit residential building under development at 258 A 18th Street, in South Slope. The latest building permits indicate the project will measure 5,660 square feet. Its units, confirmed to be condominiums, should average 1,247 square feet apiece. Brooklyn-based firms Kora Developers and BK Developers are behind the project. Igor Zaslavskiy’s Brooklyn-based architecture firm Zproekt is the architect of record. The 2,504-square-foot site is currently occupied by a single-story garage, although demolition permits have not been filed. The Prospect Avenue stop on the R train is four blocks away.

625 East 18th Street, rendering via Infinity Properties

Revealed: Seven-Story, 12-Unit Residential Building At 625 East 18th Street, Ditmas Park

7:30 am on October 31, 2016 By Rebecca Baird-Remba

New construction doesn’t happen often in Ditmas Park, because the city has protected most blocks from development with zoning that only allows the construction of one- or two-family homes. But near the border with Flatbush, new apartment buildings are allowed to sprout.

15-Story Dormitory To Be Converted Into Rental Apartments At 106 Fulton Street, Financial District

7:00 am on October 31, 2016 By Reid Wilson

DSA Property Group is planning to convert the 15-story, 75,000-square-foot dormitory at 106 Fulton Street, in the Finaicial District, into rental apartments. The project will consist of a “light renovation” of only the living spaces, Commercial Observer reported, ensuring that the apartments will be able to be rented at affordable rates. The ground floor contains 3,543 square feet of retail space leased to Burger King through 2020. DSA acquired the dormitory from Pace University for $51.1 million earlier this month. A $45 million acquisition loan was also recently secured.

Five-Story, Five-Unit Residential Project Planned At 535 20th Street, South Slope

6:30 am on October 31, 2016 By Reid Wilson

Miller Realty Associates has filed applications for a five-story, five-unit residential building at 353 20th Street, in South Slope. The project will measure 8,297 square feet and its full-floor units should average 1,263 square feet apiece, which means condominiums are likley in the works. TriBeCa-based Kutnicki Bernstein Architects is the architect of record. The 31-foot-wide, 3,175-square-foot property is occupied by a two-story townhouse. Demolition permits have not been filed. The 15th Street-Prospect Park stop on the F and G trains is seven blocks away.

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Residential

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